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Human Resource Management of ALDI Report

   

Added on  2020-06-04

18 Pages4428 Words68 Views
Human ResourceManagement

INTRODUCTIONEmployees are considered as the lifeline of any enterprise as they serves as source ofinnovation, skills and knowledge utilizing which a firm achieve its targets and satisfy customersneeds and aspiration to earn higher returns. The practices of HRM ensures that by applyingvarious rewarding schemes company is recognizing the efforts of their employees which theyare putting for generating revenues for the organization. ALDI, a leading supermarket, based inUK is taken in this report for study. Functions and purpose of HRM and different methods ofboth recruitment and selection is all given in this report. The assignment will also evaluate thesignificance of employee relations and will give brief about different labour laws that are formedby the government for protecting the rights of an employee (Cascio , 2018).TASK 1P1 HRM Purpose and Functions Human resource management is considered the most important function for an enterpriseas it deals in transform the limited available resource of the firm into maximum output bycoordinating and managing the efforts of most valuable resources of a firm – its employees.HRM becomes significant as it works towards developing amicable relations between theemployer with its workforce. Hence a proficient, loyal and dedicated employee is of utmostimportance to be retained by business because knowledge and skills of an individual are the twoaspects that cannot be substituted in this competitive market scenario. Aldi being a leadingbrands manages a team of more than 30,000 employees (Brewster and Hegewisch, 2017). TheHRM manager of Aldi puts their staff in center of focus while forming any policies, strategiesor procedures to ensure that they besides achieving organization objectives an worker can alsoaccomplish his personal goals for career growth. Mentioned below are some of the important functions which Aldi undertaken for developingan efficient and satisfied workforce:- Planning: One of the most prominent function of HRM department of Aldi is to conductplanning related staffing and development of employee. It comprises taking decision onrequisite no and type of employees that are required for a firm to achieve its objectiveseffectively with maximum output and higher profits. 1

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